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You can find a VA Assumable loan from any legitimate loan company both foreign and local.if you are finding it difficult to obtained a loan from a money lender, you can contact this lender whose name is Mr. Maurice Tyson? Eight months ago. I was offered a loan on the terms of four months and a loan of £62,000.00 for construction contract financing in west London. Ever since i have been using his company as a financial for any contract i am given. Pls find his contact email:inquiry.nortonfinanceloans@hotmail.co.UK if you are interested in getting a loan from him.
Henry
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∙ 12y ago
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What types of mortgages are assumable?
All mortgages are assumable, but only some are inherently assumable due to their lack of a due-on-sale clause. These include FHA mortgages, USDA Mortgages, and VA Mortgages as well as ARMs. In order to assume a mortgage, in most cases, it is necessary to qualify under the same creditworthiness standards as getting a new loan. With VA Loans you do NOT need to be a veteran to assume the loan
Who is resposible for the assumable loan if it foreclosed on?
the original loan holder
How do you know if your car loan is assumable?
you dont
Where could one find more information on the VA loan rate?
A VA loan is one for military members. To find out about getting a loan, benefits, and loan rates one can visit the website for veterans united or the VA loan.
What is an assumable loan?
Suppose you buy a car with a loan. Suppose I really like your car, but you are getting tired of it. An assumable loan means I can take over the payments from you and the car and the loan goes into my name. Phil You can also assume a mortgage on a home when you buy it. Or you can sell your home through an assumption. It is only possible for certain mortgages - mostly Government backed loans such as FHA or VA but it is somthing that is becoming more and more popular in this constantly changing real estate market. To search homes for sale with assumable mortgages or to list your home for sale go to www.havemyhouse.com
What types of mortgages are assumable?
All mortgages are assumable, but only some are inherently assumable due to their lack of a due-on-sale clause. These include FHA mortgages, USDA Mortgages, and VA Mortgages as well as ARMs. In order to assume a mortgage, in most cases, it is necessary to qualify under the same creditworthiness standards as getting a new loan. With VA Loans you do NOT need to be a veteran to assume the loan
Who is resposible for the assumable loan if it foreclosed on?
the original loan holder
How do you know if your car loan is assumable?
you dont
Is there closing cost on an assumable loan?
Yes, there is usually a closing cost on an assumable loan. However, it will vary from state to state as laws are different from one place to another.
Where could one find more information on the VA loan rate?
A VA loan is one for military members. To find out about getting a loan, benefits, and loan rates one can visit the website for veterans united or the VA loan.
What is an assumable loan?
Suppose you buy a car with a loan. Suppose I really like your car, but you are getting tired of it. An assumable loan means I can take over the payments from you and the car and the loan goes into my name. Phil You can also assume a mortgage on a home when you buy it. Or you can sell your home through an assumption. It is only possible for certain mortgages - mostly Government backed loans such as FHA or VA but it is somthing that is becoming more and more popular in this constantly changing real estate market. To search homes for sale with assumable mortgages or to list your home for sale go to www.havemyhouse.com
Where can one find an interactive VA loan calculator?
VA loan calculators can be found on many different places online. One should try VA Loan Captain, FHA, Info and VA Loan Resources. One can find much more information on these sites as well.
How can one find out about VA loan eligibility?
There are many websites and companies that offer information on VA loan eligibility. Some of these websites that offer information are the VA government website and Military website.
Who's eligible for a VA-backed loan?
Veterans are eligible for a VA-backed loan. Veterans who were released are also eligible for VA-backed loan.
How do you assume a mortgage?
You can only assume a mortgage if the loan is assumable, and a great many are not. The mortgagor can call their mortgage company and ask for an assumption package which will tell you what is required. True, but, actually a great many mortgages ARE assumable. Everything you need to know and thousands of homes with assumable mortgages are available for search by visiting www.havemyhouse.com
I'm upside down on my current home loan. I need to refiance because I'm struggling making my monthly pmts. Can I refiance my conventional home loan with VA refiancing I have a VA loan certificate?
You can contact the VA to discuss this issue, it is very difficult to find an answer online. (877) 487-2838 Yes, you can refinance a conventional loan to a va as long as the new loan does not exceed the value of the home. Not all lenders will do it though. One website you can go and find a lender that will is freevaloan. Also, all Free VA Loan lenders guarantee not to charge any fees for the service too.
Does the VA guarantee their mortgage loans?
Yes, a VA mortgage loan is guaranteed. A VA loan is a mortgage loan guaranteed by the US Department of Veterans Affairs.
